Cramer’s Mad Dash: JPMorgan Chase

Watch on YouTube ↗  |  January 05, 2026 at 14:39  |  2:45  |  CNBC
Speakers
Jim Cramer — Host, Mad Money

Summary

In his first Mad Dash of the year, Jim Cramer focuses on bank stocks, arguing they remain inexpensive, have true momentum, and should benefit from deregulation and cost-cutting. He says he does not like buying banks ahead of earnings, pointing to JPMorgan's prior post-earnings selloff as a buy opportunity that could repeat. The segment also briefly references Barclays' bank preferences and broader banter about homebuilding/data center shortages and reskilling.

  • Cramer makes bank stocks his first Mad Dash idea of the year.
  • He argues banks are still inexpensive at roughly 14-15x earnings with true momentum.
  • Deregulation and cost cuts, including compliance and AI, support bank earnings power.
  • He prefers waiting until after bank earnings to buy, citing JPMorgan's prior pullback as an opportunity.
  • Barclays reportedly favors Citigroup and is less excited about Goldman Sachs, Morgan Stanley, Wells Fargo, and Bank of America.
  • The segment includes brief banter about homebuilding/data center shortages and reskilling.
Ideas
Jim Cramer Host, Mad Money 0:36
Banks remain cheap with deregulation-driven upside.
Cramer is sticking with his view that bank stocks are still inexpensive at roughly 14-15x earnings, have true momentum, and should keep working because Washington deregulation is positive for all banks and should make it easier for them to make more money. He argues earnings power is greater than people thought, helped by headcount and compliance cuts and AI.
Jim Cramer Host, Mad Money 1:12
Buy JPMorgan after earnings-driven weakness.
Cramer dislikes buying banks ahead of earnings because one large bank often disappoints. He points to JPMorgan's prior quarter, when it threw cold water on expectations and the stock sold off before becoming an amazing buy, and suggests repeating that approach by waiting for post-earnings weakness and buying JPMorgan after management has spoken.
Up Next

This CNBC video, published January 05, 2026, features Jim Cramer discussing KBE, JPM. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Jim Cramer  · Tickers: KBE, JPM